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Old 07-03-2010, 04:29 PM   #9
joethiesmanfan
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Re: how to balance the budget?

Quote:
Originally Posted by steveo395 View Post
I usually try to stay out of these arguments, but whatever. Cutting spending does help an economy because it puts more money into the private sector. All government spending does it take money from the private sector and then just puts a percentage of that money back in. It doesn't work. The government does not make money, it just takes it from people who make money.

Have you noticed that all of this government spending has not worked? We are borrowing $1.5 trillion dollars per year to "help the economy" and it is not getting better. All we are doing is screwing over our future. Spending a shit load of money didn't work in the great depression either. It doesn't work.
We are borrowing money because of the Bush Tax cuts. According to your theory after the Bush tax cuts we should be in Nirvana by now. Why cut taxes when you know you can't cut Social Security. That's being intellectually dishonest. Now tell me who can cut spending on Social Security? We are spending 1 trillion dollars this year on war. We borrowing that. That is where the deficit is coming from. An oh by the way, that spending took us out of a depression. Why u think the Democrats won all those congressional seats. It was because of all the job loses
(8 million lost, most gone forever).
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